Mirror on Ethereum

Mirror Protocol Asset Support on Ethereum

MIR and mAssets pools also exist on Uniswap which runs on Ethereum. Assets from Mirror Protocol can be transferred to Ethereum chain through a custom bridge named Shuttle. Shuttle facilitates cross-chain transfers between Terra and Ethereum, thereby enabling Terra blockchain assets, including MIR, mAsset and UST, to be transferred to and traded on Uniswap.

Assets transferred from Terra to Ethereum will have the same name and ticker, but these tokens will follow the ERC-20 token standard and backed 1:1 in value by its underlying CW-20 assets such as MIR and mAssets on the Terra blockchain. This allows users to trade and provide liquidity for all types of Mirror Protocol assets on both Terraswap (Terra) and Uniswap (Ethereum).

ETH.mirror.finance

ETH.mirror.finance or mETH is a web interface that supports the staking of LP tokens generated from the liquidity provision of Mirror Protocol assets on Ethereum-side. It resembles the interface of Mirror Web Application but unlike the Terra counterpart, mETH only supports staking and viewing of assets and positions. All trading and liquidity provision transactions for MIR and mAssets can be executed on Uniswap. Similar to Mirror Web App, MIR tokens are distributed to mETH users as staking rewards once per day.

Metamask is required for signing transactions on mETH. User must hold ETH in order to pay transaction fees for mETH.

Below are the key differences between Mirror Web App and mETH:

Features

Mirror (Terra)

mETH (Ethereum)

Wallet Support

Station Extension

Metamask

Asset type

CW-20

ERC-20

Average Block Time

6 seconds

15 seconds

Trade

O (connected to Terraswap)

Uniswap

Mint

O

X

Pool

O (connected to Terraswap)

Uniswap

Stake

O

O

Governance

O

X

Staking Reward Token

MIR

MIR (ERC-20)

Tx fee token

UST

ETH

mETH only provides interfaces for the My Page to view asset holdings and staking positions, and the Stake page to earn MIR reward by staking LP tokens.